206 Wheeler AveChickamaugaGA30707
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Chickamauga at 206 Wheeler Ave, Chickamauga, GA, 30707 priced at $280,000 converts $2,328/mo rent into $624/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,328/mo, and annual cash flow totals $7,492/yr on $92,820 invested. Return on cash invested prints 27.98% in year one, and rental yield reads 9.98% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 146.01% and total cumulative return in cash sums $135,525. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,328/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30707, Chickamauga, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 5,069 (73.1%) |
| Renter Occupied HU | 1,199 (17.3%) |
| Vacant Housing Units | 663 ( 9.6%) |
| Median Home Value | $287,662 |
| Average Home Value | $326,253 |
Housing Distribution
Address Breakdown
Residential
6,599
Single Family
6,499
Multi-Family
100
Businesses
271
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Listed by: Kim A Bass • Real Estate Partners Chattanooga LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1522770